Originally Posted By: OneEyeJack
Originally Posted By: LoneRanger
Originally Posted By: OneEyeJack
I've always wondered if I'm hack proof because my credit score is "0" and I officially own nothing except a couple of paid for vehicles and personal belongings. My home and property are in a trust. I have a debit card that is kept as close to zero as possible and not often used. No other bank accounts of any kind. To test it I applied for a Home Depot credit card and got instantly turned down. I was told by a banker friend I'm what's called a "ghost". If I got "hacked" I could lose as much as $100 but no more. My info would be just like me, worthless.
Well you're not worthless around here. I always enjoy reading your topics and replies.
Thanks for the nice comment. This means more to me than a credit score.
Sometimes this credit score stuff and the whole credit tracking system appears to be a way of training people to behave and contribute to a system that makes other billionaires that do nothing more than push data, that have no product or otherwise useful service. To join their system just get in line and wait for instructions. I've had friends at work that tell me they can't conceive of ever being able to purchase a car with cash or ever get out of debt. They tell me those car payments are just an ongoing lifetime expense. They often need something now and put it on a credit card and then make payments. They find it difficult to understand that I find some way to go without such a purchase until I can pay for it.
I have been told all about 0 interest car loans, bonus points, special deals, and shifting balances and it all amounts to just more schemes to keep you in the system. You can figure it any way you like and it still feels like a very marketing centric scam to me.
And now you can get hacked and if you're in the system you're exposed to some real damage.
Yes-your exposed-but it's more of a major inconvenience than anything else. Chances are it won't cost you anything. As a matter of fact-most home owners policies now have coverage for identity theft.
Inconvenience-yes, monetary damages-not necessarily.
We all know (from previous posts) your preference is more of an "under ground economy" with private loans done between you and "like people".